Binance officially announced that its 65th Launchpool project, Nillion (NIL), has launched today at 8:00 AM (UTC+8). Users can participate in a 3-day mining event by staking BNB, FDUSD, and USDC to earn NIL token rewards. This event will end on March 24, 2025, at 7:59 AM (UTC+8), after which NIL will officially list for trading on the Binance spot market at 9:00 PM (UTC+8) on March 24.
Binance Announcement: Binance Launchpool launches Nillion (NIL), earn NIL using BNB, FDUSD, and USDC
Project Highlights: Privacy-Preserving Decentralized Network
Nillion (NIL) is a decentralized network based on blind computing technology, aimed at achieving secure data processing and storage while protecting user privacy. The project is seen as an important exploration of next-generation blockchain technology, with a total token supply of 1 billion, an initial circulating supply of approximately 195.15 million (19.52% of the total), and plans to set an annual inflation rate of 1% through autonomous governance.
Launchpool Activity Details
This Launchpool activity allocates a total of 35 million NIL (3.5% of the total supply) as rewards, and users can participate through the following three staking pools:
- BNB Pool: Allocates 28 million NIL (80%), with a maximum hourly reward of 38,888 NIL
- FDUSD Pool: Allocates 3.5 million NIL (10%), with a maximum hourly reward of 4,861 NIL
- USDC Pool: Allocates 3.5 million NIL (10%), with a maximum hourly reward of 4,861 NIL
The total daily reward is 11.666 million NIL, with the BNB pool distributing 9.333 million NIL daily, and the FDUSD and USDC pools each distributing 1.1666 million NIL. During the event, users can redeem their staked assets and claim rewards at any time, with rewards updated hourly. If the rewards in any pool are exhausted early, the remaining staked assets and unclaimed rewards will be automatically returned to the user's spot account.
It is important to note that Binance does not support "multiple mining with one token," and users must allocate their assets to different pools separately. Additionally, staked assets in Binance Earn's BNB flexible yield pool, fixed products, and on-chain earn products will automatically participate in this event, but assets used as collateral for flexible borrowing will not be eligible for rewards.
NIL Listing and Trading Arrangements
Binance will be the first exchange globally to list NIL, with spot trading scheduled to begin on March 24, 2025, at 9:00 PM (UTC+8), supporting trading pairs NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY. NIL will carry a seed label, indicating that it may have higher volatility and risk compared to more mature tokens. Trading bots and spot copy trading features will be enabled within 24 hours after the listing.
Participation Requirements and Restrictions
To participate in Launchpool, users must complete KYC identity verification and ensure that the Binance App is updated to version 2.89.0 or above. The activity is restricted for users in certain countries and regions (such as the United States, Canada, Japan, etc.), and the specific list can be found on the Binance official website. Binance will calculate user holdings and rewards through random snapshots and reserves the right to disqualify participants due to fraud or abuse.
Market Outlook and Risk Warning
Nillion has garnered attention for its privacy computing innovations, and an additional 25 million NIL will be released for marketing activities six months after its spot listing, further promoting ecosystem development. However, Binance reminds users that the cryptocurrency market is highly volatile, and investment decisions should be made cautiously and based on thorough research.
A detailed research report on Nillion will be available within 24 hours after the announcement for user reference. Binance states that as the launch platform for NIL, this Launchpool not only provides users with an opportunity to acquire new assets but also signifies its commitment to continuously promoting blockchain technology innovation.
AiCoin Official Website: www.aicoin.com
Telegram: t.me/aicoincn
Twitter: x.com/AiCoinzh
Email: support@aicoin.com
Group Chat: Customer Service Yingying、Customer Service KK
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
